A Mini Emergency Fund
Most financial experts would advise you to have an emergency fund equivalent to 3-6 months of basic living expenses.
Let’s first explore what is considered an emergency and what is included in the basic living
How to Budget : 4 Simple Principles to Budget Like a Pro
Many people cringe at the sound of hearing the word “budgeting”. They automatically feel that it refers to something “restrictive”, “boring” and “not fun”.
So rather than saying “I need to budget”, I recommend saying “I want to tell my money in advance how I plan on spending it and saving it” . Does that sound better?
To be
What I Learned About Money in Africa
In our western society, money represents a significant part of life. We are constantly busy making it, spending it or saving it.
As a money coach who enjoys international travels, I’m always curious to see how money is perceived and managed in other cultures.
This past summer, I had the chance to travel to Eastern Africa. One
How to Save Money – Saving 101
You’ve all heard the financial advice “Pay Yourself First”, more times than you can probably count.
As a money coach, I consider this to be one of the most important financial advices you can follow.
The concept behind it is quite simple: Save some money before you pay any of your bills. In other words, make yourself
Are you trapped in debt (Part 2 of 2)
Last month, I revealed 4 myths that keep people trapped in debt.
To quickly refresh your memory, here they are:
Myth #1 – The bank approved me so I must afford it
Myth #2 – I don’t need an emergency fund. That’s what my line of credit is for.
Myth #3 – I have to take advantage of
Ready, Set… Goal!
It is not enough to simply wish “to retire rich” and cross your fingers that you will somehow get there. It is essential to define your financial goals to give yourself a clear picture of where you’re heading and what needs to get done to arrive there.
The following 4 steps will guide you with your
The paycheck-to-paycheck generation
“How would you describe the current state of your finances, using 4 or 5 adjectives?”.
That’s one of the questions I always ask my new clients when I meet them in my money coaching practice. This single question can reveal a great deal about how you are currently managing
How can I start teaching my kid about money ?
As adults, the way we deal and think about money today is what we were taught at a much younger age. We all learned about money from our parents, either directly or by observation. Those lessons influence our financial decisions our entire life, whether we are aware of it or not. Therefore, it
Know Thy Money
What’s the first step you need to accomplish before you can change any behavior? You have to obviously be aware of the behavior in question. That is why financial awareness is crucial if you want to change the state of your money. Essentially, you need to have a crystal clear awareness of where
De-clutter your financial life
As the old saying goes “Cluttered space is a cluttered mind”. The same applies to your finances. When you are lacking coherent organization or you have a messy financial system, it can lead to poor financial decisions. That’s because you are unclear about where you stand, you don’t know what bills